500 Michigan Ave Aurora, IL 60506
North River NeighborhoodEstimated Value: $252,041 - $262,000
3
Beds
2
Baths
1,099
Sq Ft
$235/Sq Ft
Est. Value
About This Home
This home is located at 500 Michigan Ave, Aurora, IL 60506 and is currently estimated at $258,510, approximately $235 per square foot. 500 Michigan Ave is a home located in Kane County with nearby schools including Hill Elementary School, Herget Middle School, and West Aurora High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2001
Sold by
Poss Derek M
Bought by
Marion Richard R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.03%
Purchase Details
Closed on
Dec 17, 1996
Sold by
Bank Of Chicago
Bought by
Ross Derek M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,650
Interest Rate
7.6%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 26, 1995
Sold by
Seaborn John and Seaborn Doris D
Bought by
Bank Of Chicago
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Marion Richard R | $131,000 | Chicago Title Insurance Co | |
Ross Derek M | $80,000 | Law Title Insurance Co Inc | |
Bank Of Chicago | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Marion Richard R | $65,000 | |
Previous Owner | Poss Derek M | $15,050 | |
Previous Owner | Ross Derek M | $67,650 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $4,334 | $70,732 | $13,260 | $57,472 |
2023 | $4,043 | $63,199 | $11,848 | $51,351 |
2022 | $5,104 | $57,663 | $10,810 | $46,853 |
2021 | $4,905 | $53,685 | $10,064 | $43,621 |
2020 | $4,668 | $49,865 | $9,348 | $40,517 |
2019 | $4,545 | $46,479 | $8,661 | $37,818 |
2018 | $4,405 | $44,123 | $8,011 | $36,112 |
2017 | $4,152 | $40,341 | $7,381 | $32,960 |
2016 | $4,297 | $40,450 | $6,327 | $34,123 |
2015 | -- | $34,067 | $5,441 | $28,626 |
2014 | -- | $31,613 | $5,233 | $26,380 |
2013 | -- | $33,243 | $5,158 | $28,085 |
Source: Public Records
Map
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